We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Business Ethics - Friends of Angelo - Research Paper Example

Comments (0) Cite this document
Summary
Angelo Mozilo, who was the chief executive at Countrywide Financial, the biggest mortgage lenders in the United States, engaged various V.I.P personalities in trading favours for loans at abnormally favourable terms. This V.I.Ps included politicians, business partners and…
Download full paperFile format: .doc, available for editing
Polish This Essay97.3% of users find it useful
Business Ethics - Friends of Angelo
Read TextPreview

Extract of sample
"Business Ethics - Friends of Angelo"

Download file to see previous pages In this case, the judge needed funds to finance an expansion project he was undertaking for his house at Sherwood Country Club in Westlake Village. He got the loan from Countrywide Financial, but the terms raised eyebrows for any keen eye. The terms were too good as compared to that offered to other borrowers. This favour was extended to the judge so that the same favour may be shown to the company. This was because the firm was being charged in the appellate court by borrowers who felt dissatisfied by what the firm had paid as settlement fees. Aldrich was part of a three-man bench that sure enough rejected the appeal of the borrowers. The fact that the judge failed to mention his previous contact with the defendant company was unethical and against the codes of conduct of a judge. As a judge, he ought not to have received any favours or loan in the terms he did knowing that the company had a case pending in his court (Ferrell et al., 2013).
This was replicated with all the leaders Angelo deemed fit to orchestrate the company’s progress. These leaders are called and appointed the servants of the people to have the interest of the ordinary populace at heart, but instead they have misused their powers to pursue personal gain. Leaders in this case acted in corrupt manners by conducting underhand deals that would otherwise not be permissible. They ignored and neglected their oaths of office by using the office powers not in service to their country or its people as intended by the law, but in service to themselves (Ferrell et al., 2013).
The implications on society of such conduct are, for example, mistrust of those in power. For if a judge, a person who is given the power to condemn, cannot check himself to know when he is going wrong then how can he judge others? It is then the biblical case of the blind leading the blind into a ditch. Greed has obviously blinded many leaders to such an extent that the boundary of what is ethical and unethical ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Ethics - Friends of Angelo Research Paper”, n.d.)
Business Ethics - Friends of Angelo Research Paper. Retrieved from https://studentshare.org/business/1674371-business-ethics-friends-of-angelo
(Business Ethics - Friends of Angelo Research Paper)
Business Ethics - Friends of Angelo Research Paper. https://studentshare.org/business/1674371-business-ethics-friends-of-angelo.
“Business Ethics - Friends of Angelo Research Paper”, n.d. https://studentshare.org/business/1674371-business-ethics-friends-of-angelo.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business ethics
4. Enhancing and developing skills of moral judgment, reading, persuasive speaking and writing. 5. Formulating practical; frame work for any decision making 6. Enhancing proper knowledge on hoe to encourage and maintain ethical, corporate climates. Business ethics defines the application of an ethical value to all business behavior ethics is not an ethereal abstraction and is a practical aid to business problem solving.
6 Pages(1500 words)Research Paper
Business ethics
Moreover, the study will explore the relationship between business ethics and profitability of the business. Introduction Business ethics can be defined as the morality that results from a person’s own moral standards in the context of the environment in which the business operates.
4 Pages(1000 words)Research Paper
Business Ethics
In the contemporary business society, globalization has taken center stage with firms expanding their business operations to various parts of the world. In effect, a firm that effectively manages its operations in a manner that is effective and efficient manages to maintain a competitive edge over its competitors, which ensures that the firm achieves success in its operations.
5 Pages(1250 words)Research Paper
Business Ethics
That is how firms can create a true value for them. Schulman (2006) argues that ethics need to be a "part of the company's mission statement, long-term strategic plan, public pronouncements, and codes of conduct." He categorically emphasizes to follow some essential cardinal principles and some of them can be described as per the following.
3 Pages(750 words)Research Paper
Business ethics
Explaining the normative, “Humanistic education...has to do with action. For by virtue of its subject matter, which is human
9 Pages(2250 words)Research Paper
Business Ethics
If the auditors, by any chance, get to know about Woods’s activity, there is little to no likelihood that Alex would be held responsible for that as the authorities would consider the fact that he is new. The best course of action for Alex is to remain
2 Pages(500 words)Research Paper
Business Ethics
In other words, businesses, in their quest for profitability are neglecting the negative impact they have on the environment. It can be said that many responsible organizations have taken notice of the fact and many are even doing their best to
3 Pages(750 words)Research Paper
Business Ethics
Climate change and global warming have resulted from the impacts of human activities on their environment (Pittock 34). Climate change brings changes in weather patterns and may
3 Pages(750 words)Research Paper
Business Ethics
ally minded business leader are not in and of themselves sufficient to ensure that high ethical standards are maintained within the organization that they are responsible for overseeing. Realizing this, David Pinder has established organizational structures that are capable of
6 Pages(1500 words)Research Paper
Business ethics
ing on the Robert Nardelli’s personal attributes in leadership including personality and physical characteristics, values, and competencies (Baack, 2012). However, there are limitations to the trait theory. In Robert Nardelli’s case, there was a possibility of being
3 Pages(750 words)Research Paper
Let us find you another Research Paper on topic Business Ethics - Friends of Angelo for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us